Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.20.4
Property and Equipment, Net
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

4. Property and Equipment, net

 

Property and equipment, net consists of the following as of December 31, 2020 and 2019:

 

    2020     2019  
Furniture and fixtures   $ 20,742     $ 20,742  
Laboratory equipment     944,657       944,657  
Leasehold improvements     487,871       487,871  
Office and computer equipment     302,825       302,825  
      1,756,095       1,756,095  
Accumulated depreciation and amortization     (1,713,382 )     (1,664,127 )
Property and equipment, net   $ 42,713     $ 91,968  

 

Depreciation and amortization expense for the years ending December 31, 2020 and 2019 was $51,705 and $62,622 respectively.